U.S. STOCKS Dyne Therapeutics, Maxeon Solar, chip stocks

Reuters

U.S. STOCKS Dyne Therapeutics, Maxeon Solar, chip stocks

Sep 3, 2024 at 5:50 pm GMT

<html xmlns="http://www.w3.org/1999/xhtml"><head><title>BUZZ-U.S. STOCKS ON THE MOVE-Dyne Therapeutics, Maxeon Solar, chip stocks</title></head><body>

Eikon search string for individual stock moves: STXBZ

The Day Ahead newsletter: https://refini.tv/3LI4BU7

The Morning News Call newsletter: https://refini.tv/3dKUyB8

Wall Street's main indexes fell over 1% on Tuesday as investors assessed subdued factory activity data ahead of a slew of labor market reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve. .N

At 13:31 ET, the Dow Jones Industrial Average .DJI was down 1.07% at 41,119.43. The S&P 500 .SPX was down 1.47% at 5,565.51 and the Nasdaq Composite .IXIC was down 2.41% at 17,286.405.

The top three S&P 500 .PG.INX percentage gainers:
** DexCom DXCM.O, up 5.4%
** Molson Coors Beverage TAP.N, up 5.2%
** Ulta Beauty ULTA.O, up 3.7%

The top three S&P 500 .PL.INX percentage losers:
** Vistra VST.N, down 9.4%
** Constellation Energy CEG.O, down 8.2%
** KLA KLAC.O, down 8.2%

The top NYSE .PG.N percentage gainer:
** Sable Offshore SOC.N, up 44.1%

The top two NYSE .PL.N percentage losers:
** Theriva Biologics TOVX.N, down 25.3%
** Four Seasons Education FEDU.N, down 23.6%

The top three Nasdaq .PG.O percentage gainers:
** SPAR Group SGRP.O, up 65.2%
** BranchOut Food BOF.O, up 62%
** TC BioPharm TCBP.O, up 44%

The top three Nasdaq .PL.O percentage losers:
** Windtree Therapeutics WINT.O, down 57.2%
** CURRENC Group CURR.O, down 47.5%
** Dyne Therapeutics DYN.O, down 34.6%

** United States Steel X.N: down 4.7%
BUZZ - Slides as Harris calls for company to remain American-owned nL4N3KL0GK

** M&T Bank MTB.N: up 0.8%
BUZZ - JP Morgan upgrades M&T Bancorp to 'overweight' on improving credit trends nL4N3KL0KJ

** News CorpNWSA.O: down 4.1%
BUZZ - Down as Australian property listings unit considers bid for UK's Rightmove nL4N3KL0MK

** Xylem XYL.N: down 4.8%
BUZZ - Falls after TD Cowen cuts to 'hold' on decelerating revenue trends nL4N3KL0MB

** Polestar Automotive Holding UK PSNY.O: up 13.1%
BUZZ - Up after EV maker names former Stellantis executive as CFO nL4N3KL0NO

** Walgreens Boots Alliance WBA.O: down 2.9%
BUZZ - 'Murky' path forward for Walgreens, Leerink Partners says nL4N3KL0XB

** Boeing BA.N: down 7.4%
BUZZ - Shares fall as Wells Fargo downgrades to 'underweight' on cash flow woes nL4N3KL0WH

** Unity Software U.N: up 3.7%
BUZZ - Rises after Morgan Stanley upgrades to 'overweight' nL4N3KL0M6

** Southwest Airlines LUV.N: up 2.5%
BUZZ - Up after Evercore upgrades to 'outperform' nL4N3KL0OV

** Vaxcyte PCVX.O: up 38.3%
BUZZ - Hits all-time high on positive early-stage data for pneumococcal vaccine nL4N3KL0XS

** BHP Group BHP.N: down 5.1%

** Rio Tinto RIO.N: down 4.5%

** Freeport-McMoRan FCX.N: down 6.0%

** Southern Copper SCCO.N: down 4.6%
BUZZ - Copper miners fall as red metal prices hit two-week low on China demand fears nL4N3KL129

** Exxon Mobil XOM.N: down 1.7%

** Chevron CVX.N: down 1.6%

** Murphy Oil MUR.N: down 3.5%

** Marathon Oil MRO.N: down 2.9%
BUZZ - Oil firms fall as Chinese demand concerns overshadow Libya's export halt nL4N3KL0R4

** SPAR Group SGRP.O: up 65.2%
BUZZ - Shares gain on Highwire Capital's take-private plan nL4N3KL0RH

** Applied Optoelectronics AAOI.O: up 7.2%
BUZZ - Gleams as Raymond James turns bullish nL1N3KL0F1

** Novocure NVCR.O: down 16.6%
BUZZ - Falls as CEO Asaf Danziger to step down nL4N3KL0WV

** Jazz Pharmaceuticals JAZZ.O: down 4.9%
BUZZ - Slides on $850 mln convertible debt deal plans nL1N3KL0H1

** Recursion Pharmaceuticals RXRX.O: down 17.2%
BUZZ - Falls on mixed mid-stage study data for rare disorder drug nL4N3KL0YU

** Devon Energy DVN.N: down 3.7%

** Phillips 66 PSX.N: down 4.4%

** ConocoPhillips COP.N: down 3.0%

** Diamondback Energy FANG.O: down 3.8%
BUZZ - US energy sector falls as oil drops 3% on report of possible end to Libya dispute nL4N3KL0XD

** Sable Offshore SOC.N: up 44.1%
BUZZ - Hits all-time high after settling litigation with California county nL4N3KL0ZQ

** MGM Resorts International MGM.N: down 3.3%
BUZZ - Shares slips on $675 mln proposed senior notes offering nL4N3KL0ZS

** Alphabet GOOGL.O: down 2.6%
BUZZ - Down after Morgan Stanley cuts price target nL4N3KL0ZWnL4N3KL0ZW

** CME Group CME.O: down 1.7%
BUZZ - Falls as BofA downgrades to 'underperform' on competition concerns nL4N3KL0ZX

** Simon Property Group SPG.N: down 1.3%
BUZZ - Slips after long-time bull downgrades nL1N3KL0K9

** Dyne Therapeutics DYN.O: down 34.6%
BUZZ - Slumps on safety concerns over drug trial, management changes nL4N3KL0YB

** Maxeon Solar Technologies MAXN.O: down 17.6%
BUZZ - Drops after withdrawing profit forecast, flagging revenue-hit in Q3 nL4N3KL12I

** Embecta EMBC.O: up 1.9%
BUZZ - Rises on US FDA clearance of its insulin patch pump nL4N3KL14V

** Nvidia NVDA.O: down 7.3%

** Advanced Micro Devices AMD.O: down 6.0%

** Intel INTC.O: down 7.5%

** Micron Technology MU.O: down 6.5%
BUZZ - Chip stocks fall after UBS reports drop in July semiconductor sales nL4N3KL141

The 11 major S&P 500 sectors:

Communication Services	.SPLRCL	down 1.53%
Consumer Discretionary	.SPLRCD	down 0.77%
Consumer Staples	.SPLRCS	up 1.10%
Energy	.SPNY	down 2.13%
Financial	.SPSY	down 0.19%
Health	.SPXHC	up 0.13%
Industrial	.SPLRCI	down 1.93%
Information Technology	.SPLRCT	down 3.41%
Materials	.SPLRCM	down 1.68%
Real Estate	.SPLRCR	up 0.47%
Utilities	.SPLRCU	up 0.29%